25 U.S.C. § 2214 — Establishing fair market value

submitted 26 years ago by Pub. L. 97-459 to r/title-25-INDIANS · 65 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section allows the Secretary to create a system for determining fair market value for types of land and improvements. The system may guide offers to buy interests in trust or restricted land.

For purposes of this chapter, the Secretary can develop a system for establishing the fair market value of various types of lands and improvements. Such a system can include determinations of fair market value based on appropriate geographic units as determined by the Secretary. Such a system can govern the amounts offered for the purchase of interests in trust or restricted land under this chapter.

the actual law source: uscode.house.gov ↗public domain

For purposes of this chapter, the Secretary may develop a system for establishing the fair market value of various types of lands and improvements. Such a system may include determinations of fair market value based on appropriate geographic units as determined by the Secretary. Such a system may govern the amounts offered for the purchase of interests in trust or restricted land under this chapter.

Source credit: (Pub. L. 97–459, title II, § 215, as added Pub. L. 106–462, title I, § 103(6), Nov. 7, 2000, 114 Stat. 2002; amended Pub. L. 108–374, § 6(a)(7), Oct. 27, 2004, 118 Stat. 1802; Pub. L. 109–157, § 6, Dec. 30, 2005, 119 Stat. 2952.)

history & why it existsrecord from the source credit

2000Enacted · Pub. L. 97-459 · 114 Stat. 2002
2004Amended · Pub. L. 108-374 · 118 Stat. 1802
2005Amended · Pub. L. 109-157 · 119 Stat. 2952

A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-459 on 2000-11-07.

all 0 arguments · sorted by: best

no arguments yet — make the first case